The Latest Breaking News from Mike Leskinen

High airfares could stick around even if jet fuel prices fall

US airfares could remain elevated even if jet fuel prices fall, as airlines adjust schedules and ticket prices only gradually after sharp swings in fuel costs. With carriers cutting less-profitable flights and holiday fares already at decade highs, analysts say sustained relief for travellers may take months even if energy…

The Economic Times · Sep 28

Why sky-high flight prices could outlast the fuel crisis by months

Travelers could be stuck paying high airfares even if oil and jet fuel prices fall

The Independent UK · Sep 28

American, United and Southwest are all cutting 'marginal routes' as jet fuel prices spike

American, United and Southwest are trimming schedules as fuel surges, while travelers already face fares nearly a quarter higher than a year ago

Fortune · Sep 18